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Dapper Labs lays off staff in second round since 2022
Roham Gharegozlou, the CEO of NFT company Dapper Labs, announced 51 colleagues’ departure amid the second layoff round within a year
Dapper Labs CEO announced that both full-time employees and contractors were fired. Gharegozlou emphasized that layoffs are necessary to ensure the company’s long-term success.
Gharegozlou also offered to help as a reference for future endeavors. He encouraged entrepreneurship among departing team members, expressing a genuine interest in their potential startup ventures.
Dapper Labs also announced the upcoming meeting where the team will review their priorities.
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Genesis says 30% of employees will go in new lay-offs The project’s CEO emphasized that Dapper Labs and Flow, its blockchain platform, are well-capitalized to pursue their mission. Additionally, Flow is funded separately. Gharegozlou insists there is no need to sell tokens for short-term operations.
Last November, Dapper Labs also laid off staff. discreetly downsizing its workforce. In a public letter, the company attributed the reduction to the company’s health. This issue has affected many crypto-focused companies during periods of crypto winters.
Read more:
Dapper Labs Lays-off Employees as NFT and Crypto Market Tumble